Apr 17, 2024, 1:30 PM
Apr 17, 2024, 1:30 PM
The strength of the US oil exports is being bet on by Gibson
Bloomberg
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Source
Gibson Energy is betting that swelling oil output in the Permian Basin will fuel continued growth in US crude exports. Gibson Energy bought a major Gulf Coast terminal for about $1.1 billion last year. Gibson bought the terminal in a deal worth $1 billion to boost profits.
Yahoo! News
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Source
Canada's Gibson Energy is betting that swelling oil output in the Permian Basin will fuel continued growth in US crude exports. Gibson Energy bought a major Gulf Coast terminal for about $1.1 billion last year. The company is betting it will boost profit from the terminal it bought last year for $1 billion.
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